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LATEST NEWS FOR Santam Ltd.  

Santam is the leading general insurer in South Africa with a market share of more than 22%. Santam provides a diverse range of general insurance products and services in southern Africa and internationally through a network of 2 700 intermediaries an... [more info]

SA’s riots insurer in spotlight after days of carnage

18 Jul 2021 /  Roxanne Henderson and Khuleko Siwele, Bloomberg   16
Sasria's not disputing the merits of related claims, only watching for cases of fraud - Fareedah Benjamin.

Can Sasria honour claims of up to R30bn?

16 Jul 2021 /  Adriaan Kruger   49
It has less than R7bn available.

Santam working through business interruption claims

16 Jul 2021 /  Adriaan Kruger   5
But 'very concerned' that 43% of clients who say they intend to submit claims have not done so.

Short-term insurers showing ‘super profits’ during Covid, but still stalling business interruption claims

UPDATE
6 Jul 2021 /  Suren Naidoo   10
Record financial year for non-life insurers in stark contrast to financial devastation faced by clients largely in the tourism and hospitality industry.

Companies must innovate or risk being left behind

3 Jun 2021 /  Simon Brown  
Sasfin's Nesan Nair takes a look at the latest market movements. Simon Fillmore from Independent Securities on why China can't be ignored as an investment destination. Futurist Jonathan Cherry on the importance of businesses being able to adapt for the future

Sanlam brags with good results

12 Mar 2021 /  Adriaan Kruger   1
Management expects another tough year, but says it is in better shape.

‘Of the insurers, I’d pick Sanlam to hold in portfolios at the moment’

12 Mar 2021 /  Simon Brown   1
Gary Booysen of Rand Swiss compares long- and short-term players in the local insurance sector.

Inflation to increase, no rate hike expected

12 Mar 2021 /  Simon Brown  
Rand Swiss's Gary Booysen reviews local insurers and their results. Steven Brown, Fortress CEO, unpacks financials as overall vacancies drop from 8.9% to 6.8%. Wikus Furstenberg from Futuregrowth talks the bond market and worries about inflation.

Santam sees up to R5.3bn in business interruption insurance claims

4 Mar 2021 /  Nompu Siziba   1
Despite a tough year, the short-term insurer managed to up its gross written premiums by 7%: Hennie Nel – CFO, Santam.

Sake-onderbrekingseise looi Santam se winste

4 Mar 2021 /  Moneyweb  
Lizé Lambrechts – uitvoerende hoof, Santam

Santam to process claims of 4 000 more clients hit by Covid-19 lockdown

UPDATE
25 Jan 2021 /  Promit Mukherjee, Reuters  
Beyond just the claims under its hospitality and leisure division.

‘Tsunami’ of legal certainty, now insurers must pay up

19 Jan 2021 /  Suren Naidoo   9
UK business interruption test case ruling reinforces hospitality industry calls for Covid-19 claims to be settled.

Santam stands behind business interruption insurance decision

13 Jan 2021 /  Nompu Siziba  
Ryan Woolley – CEO, Insurance Claims Africa

Santam: High Court ‘erred’ in business interruption judgment

13 Jan 2021 /  Suren Naidoo   12
Group insists infectious diseases extension only covers policyholders for 3 months.

Santam to start assessing some rejected Covid-19 claims

UPDATE
4 Jan 2021 /  Emma Rumney, Reuters   1
Following recent court rulings.

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